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Israeli costs of Gaza operation mount

Posted by emmalazarus on January 11, 2009

Conservative estimates put the cost of Gaza invasion at $3 bn so far. As IAF reduces its scope op operation, direct costd will not rise rapidly. The call-up of 20,000 reservists pushes indirect costs upward: at $4,500 average GDP per employee per month economic losses run close to $1 bn monthly, further increased by economic stagnation in the embattled south.

So far, every Israeli Jewish family shelled out $3,000 to correct the government’s decision to disengage from Gaza three years ago. Staying in Gaza was not only profitable in terms of Gush Katif economic output, but far less expensive than the current invasion.